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Details about Yoshiyasu Ono

Homepage:http://www.iser.osaka-u.ac.jp/~ono/index.html
Workplace:Institute of Social and Economic Research (ISER), Osaka University, (more information at EDIRC)

Access statistics for papers by Yoshiyasu Ono.

Last updated 2020-12-07. Update your information in the RePEc Author Service.

Short-id: pon22


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Working Papers

2020

  1. Financial Crisis and Slow Recovery with Bayesian Learning Agents
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads
  2. Structural Unemployment, Underemployment, and Secular Stagnation
    CESifo Working Paper Series, CESifo Downloads

2019

  1. A simple aggregate demand analysis with dynamic optimization in a small open economy
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads
    See also Journal Article in Economic Modelling (2020)
  2. Immigration and Secular Stagnation
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads

2018

  1. Regional subsidies and interregional labor movement
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads
  2. Wealth Preference and Rational Bubbles
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads
    Also in CESifo Working Paper Series, CESifo (2018) Downloads View citations (3)

2017

  1. Asset Prices and Leverage in a Model of Persistent Stagnation
    VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking, Verein für Socialpolitik / German Economic Association Downloads
  2. Corporate Tax Competition in the Presence of Unemployment
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) Downloads
  3. Country Size, Specialization Patterns and Secular Demand Stagnation
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads
    Also in CESifo Working Paper Series, CESifo (2017) Downloads
  4. Credit Booms, Debt Overhang and Secular Stagnation
    CESifo Working Paper Series, CESifo Downloads
    Also in ISER Discussion Paper, Institute of Social and Economic Research, Osaka University (2017) Downloads

    See also Journal Article in European Economic Review (2018)
  5. Macroeconomic interdependence between a stagnant and a fully employed country
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads
    See also Journal Article in The Japanese Economic Review (2018)

2016

  1. The Welfare Effects of Attracting Foreign Direct Investment in the Presence of Unemployment
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads

2015

  1. Fiscal Policy under Long-run Stagnation: A New Interpretation of the Multiplier Effect
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads
  2. Growth, Secular Stagnation and Wealth Preference
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads View citations (3)

2014

  1. Difference or Ratio: Implication of Status Preference on Stagnation
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads View citations (3)
    See also Journal Article in Australian Economic Papers (2018)
  2. Exchange-Rate Adjustment and Macroeconomic Interdependence between Stagnant and Fully Employed Countries
    CESifo Working Paper Series, CESifo Downloads

2013

  1. Tariffs versus Production Subsidies as Industry Protection
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads

2010

  1. A Reinterpretation of the Keynesian Consumption Function and Multiplier Effect
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads View citations (3)
  2. Public Debt Places No Burden on Future Generations under Demand Shortage
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads View citations (1)

2009

  1. Information Cycles and Depression in a Stochastic Money-in-Utility Model
    MPRA Paper, University Library of Munich, Germany Downloads
  2. Nominal Wage Adjustment, Demand Shortage and Economic Policy
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads View citations (1)
  3. The Keynesian Multiplier Effect Reconsidered
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads
    See also Journal Article in Journal of Money, Credit and Banking (2011)
  4. Zero Nominal Interest Rates, Unemployment, Excess Reserves and Deflation in a Liquidity Trap
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads View citations (2)
    See also Journal Article in Metroeconomica (2012)

2008

  1. Determinacy of Equilibrium under Various Phillips Curves
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads
  2. Growth, Stagnation and Status Preference
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads View citations (1)
    See also Journal Article in Metroeconomica (2011)

2007

  1. Does Pro-population Policy Raise Per Capita Consumption?
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads
    See also Journal Article in The Japanese Economic Review (2011)

2006

  1. Capital Income Taxation and Specialization Patterns: Investment Tax vs. Saving Tax
    KIER Working Papers, Kyoto University, Institute of Economic Research Downloads
    Also in ISER Discussion Paper, Institute of Social and Economic Research, Osaka University (2006) Downloads
  2. Fallacy of the Multiplier Effect: Correcting the Income Analysis
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads View citations (1)
  3. Learning, Inflation Cycles, and Depression
    Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics Downloads
  4. Protective Trade Policies 'Reduce' Employment: A Dynamic Optimization Approach
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads
  5. The Byrd Amendment as Facilitating a Tacit International Business Collusion
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads
    See also Journal Article in Review of International Economics (2011)

2005

  1. Financial Crisis and Recovery: Learning-based Liquidity Preference Fluctuations
    Macroeconomics, University Library of Munich, Germany Downloads View citations (1)

2004

  1. Learning, Liquidity Preference, and Business Cycle
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads View citations (1)

2003

  1. Time Patience Does Not Lead to a Capital-intensive Nation
    KIER Working Papers, Kyoto University, Institute of Economic Research View citations (1)

2001

  1. Growth or Stagnation: Economic Consequences of Status Preference
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads
  2. International Spillover of Economic Fluctuations:A Dynamic Optimization Approach
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University Downloads View citations (1)

2000

  1. Protecting the environment in the presence of foreign direct investment: tax versus quantity restriction
    Economics Discussion Papers, University of Essex, Department of Economics Downloads View citations (2)

1998

  1. Export-Oriented Foreign Direct Investment and Local Content Requirement
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University View citations (35)
  2. Liquidity Preference and Persistent Unemployment with Dynamic Optimizing Agents
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University View citations (6)

1997

  1. Foreign Direct Investment, Local Content Requirement, and Profit Taxation
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University
    See also Journal Article in Economic Journal (1998)

1995

  1. Optimal Tariffs in the Presence of Middlemen
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University
    See also Journal Article in Canadian Journal of Economics (1999)
  2. The Marginal Efficiency of Capital Dynamic Optimization
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University

1994

  1. Asymmetric Oligopoly, International Trade, and Welfare: Synthesis
    Economics Discussion Papers, University of Essex, Department of Economics Downloads
    See also Journal Article in Journal of Economics (1997)
  2. Market Segmentation and Effective Demand Shortage in a World Economy with Dynamic Optimisation
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University

1992

  1. Fiscal Policy, International Wealth Distribution, and Welfare
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University
  2. R & D, Market Share, and Welfare
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University
  3. Stock Boom and Flow Stagnation Under Wealth Preference
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University
  4. Tariff Wars, Retaliation and Managed Trade
    Boston University - Institute for Economic Development, Boston University, Institute for Economic Development View citations (1)
    Also in ISER Discussion Paper, Institute of Social and Economic Research, Osaka University (1992) View citations (1)

1991

  1. Trade, Capital Accumulation, and Welfare
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University

1990

  1. International Welfare Effects of Saving Controls and Trade Restrictions
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University View citations (2)
  2. SPILL-OVER EFFECTS OF SUPPLY-SIDE CHANGES IN A TWO-COUNTRY ECONOMY WITH CAPITAL ACCUMULATION
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University View citations (4)
    See also Journal Article in Journal of International Economics (1992)
  3. WEALTH EFFECTS AND PERMANENT INEQUALITY UNDER DYNAMIC OPTIMIZATION
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University

1981

  1. Profitability of Export Restraint (Now published in Journal of International Economics, vol.16 (1984), pp. 335-343.)
    STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE

1980

  1. The Kinked Demand Curve - A Theoretical Approach
    STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE

Undated

  1. Market Segmentation and Effective Demand Shortage in a World with Dynamic Optimization
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics

Journal Articles

2020

  1. A simple aggregate demand analysis with dynamic optimization in a small open economy
    Economic Modelling, 2020, 91, (C), 89-99 Downloads
    See also Working Paper (2019)

2019

  1. Japanese Economy: Two Lost Decades and How Many More?
    Intereconomics: Review of European Economic Policy, 2019, 54, (5), 291-296 Downloads

2018

  1. Credit booms, debt overhang and secular stagnation
    European Economic Review, 2018, 108, (C), 78-104 Downloads View citations (9)
    See also Working Paper (2017)
  2. Difference or Ratio: Implications of Status Preference on Stagnation
    Australian Economic Papers, 2018, 57, (3), 346-362 Downloads View citations (8)
    See also Working Paper (2014)
  3. Macroeconomic Interdependence Between a Stagnant and a Fully Employed Country
    The Japanese Economic Review, 2018, 69, (4), 450-477 Downloads View citations (5)
    Also in The Japanese Economic Review, 2018, 69, (4), 450-477 (2018) Downloads View citations (1)

    See also Working Paper (2017)

2015

  1. Fiscal policy under deflationary gap and long-run stagnation: Reinterpretation of Keynesian multipliers
    Economic Modelling, 2015, 51, (C), 596-603 Downloads View citations (4)
  2. Partial Replacement of Protective Tariffs by Production Subsidies and Welfare
    The Economic Record, 2015, 91, (294), 300-308 Downloads View citations (1)
  3. Pollution, foreign direct investment, and welfare
    Research in Economics, 2015, 69, (2), 238-247 Downloads View citations (5)

2014

  1. International Economic Interdependence and Exchange-rate Adjustment under Persistent Stagnation
    The Japanese Economic Review, 2014, 65, (1), 70-92 Downloads View citations (9)
  2. On Persistent Demand Shortages: A Behavioural Approach
    The Japanese Economic Review, 2014, 65, (1), 42-69 Downloads View citations (21)

2012

  1. ZERO NOMINAL INTEREST RATES, UNEMPLOYMENT, EXCESS RESERVES AND DEFLATION IN A LIQUIDITY TRAP
    Metroeconomica, 2012, 63, (2), 335-357 Downloads View citations (11)
    See also Working Paper (2009)

2011

  1. AN OLIGOPOLISTIC HECKSCHER–OHLIN MODEL OF FOREIGN DIRECT INVESTMENT
    The Japanese Economic Review, 2011, 62, (3), 331-347 Downloads View citations (2)
  2. DOES PRO‐POPULATION POLICY RAISE PER CAPITA CONSUMPTION?
    The Japanese Economic Review, 2011, 62, (2), 151-169 Downloads View citations (9)
    See also Working Paper (2007)
  3. GROWTH, STAGNATION AND STATUS PREFERENCE
    Metroeconomica, 2011, 62, (1), 122-149 Downloads View citations (15)
    See also Working Paper (2008)
  4. The Byrd Amendment as Facilitating a Tacit International Business Collusion
    Review of International Economics, 2011, 19, (5), 877-893 Downloads
    See also Working Paper (2006)
  5. The Keynesian Multiplier Effect Reconsidered
    Journal of Money, Credit and Banking, 2011, 43, (4), 787-794 Downloads
    Also in Journal of Money, Credit and Banking, 2011, 43, (4), 787-794 (2011) View citations (6)

    See also Working Paper (2009)

2010

  1. Time Patience and Specialization Patterns in the Presence of Asset Trade
    Journal of Money, Credit and Banking, 2010, 42, (1), 93-112 Downloads
    Also in Journal of Money, Credit and Banking, 2010, 42, (1), 93-112 (2010) View citations (5)

2008

  1. International Asset Trade, Capital Income Taxation, and Specialization Patterns
    Journal of Public Economic Theory, 2008, 10, (5), 743-763 Downloads View citations (2)

2007

  1. Relative Emission Standard versus Tax under Oligopoly: The Role of Free Entry
    Journal of Economics, 2007, 91, (2), 107-128 Downloads View citations (42)

2006

  1. INTERNATIONAL ASYMMETRY IN BUSINESS ACTIVITY AND APPRECIATION OF A STAGNANT COUNTRY'S CURRENCY*
    The Japanese Economic Review, 2006, 57, (1), 101-120 Downloads View citations (22)
  2. Long‐run Specialization*
    Review of International Economics, 2006, 14, (1), 1-15 Downloads View citations (12)

2005

  1. Fiscal Spending, Relative‐Price Dynamics, and Welfare in a World Economy*
    Review of International Economics, 2005, 13, (2), 216-236 Downloads View citations (15)

2004

  1. THE LIQUIDITY TRAP AND PERSISTENT UNEMPLOYMENT WITH DYNAMIC OPTIMIZING AGENTS: EMPIRICAL EVIDENCE
    The Japanese Economic Review, 2004, 55, (4), 355-371 Downloads View citations (17)

2001

  1. A Reinterpretation of Chapter 17 of Keynes's General Theory: Effective Demand Shortage under Dynamic Optimization
    International Economic Review, 2001, 42, (1), 207-36 View citations (36)
  2. Government spending, interest rates, and capital accumulation in a two-sector model
    Canadian Journal of Economics, 2001, 34, (4), 903-920 Downloads View citations (2)
    Also in Canadian Journal of Economics/Revue canadienne d'économique, 2001, 34, (4), 903-920 (2001) Downloads

1999

  1. Optimal Tariffs in the Presence of Middlemen
    Canadian Journal of Economics, 1999, 32, (1), 55-70 Downloads View citations (10)
    See also Working Paper (1995)
  2. R&D Subsidies Under Asymmetric Duopoly: A Note
    The Japanese Economic Review, 1999, 50, (1), 104-111 Downloads View citations (9)

1998

  1. Foreign Direct Investment, Local Content Requirement, and Profit Taxation
    Economic Journal, 1998, 108, (447), 444-57 Downloads View citations (49)
    See also Working Paper (1997)
  2. Tax policy on foreign direct investment in the presence of cross-hauling
    Review of World Economics (Weltwirtschaftliches Archiv), 1998, 134, (2), 263-279 Downloads View citations (4)

1997

  1. Asymmetric oligopoly, international trade, and welfare: a synthesis
    Journal of Economics, 1997, 65, (3), 291-310 Downloads View citations (26)
    See also Working Paper (1994)

1996

  1. Fiscal policy, wealth divergence, and lifetime utility
    Journal of Economics, 1996, 64, (3), 265-280 Downloads View citations (1)
  2. Stagnation Steady States and the Output‐Inflation Tradeoff
    Economic Review, 1996, 47, (1), 16-26 Downloads
  3. Stagnation Steady States and the Output‐Inflation Tradeoff―A Reply―
    Economic Review, 1996, 47, (1), 84-86 Downloads

1995

  1. The Role of Free Entry in an Oligopolistic Heckscher-Ohlin Model
    International Economic Review, 1995, 36, (3), 609-24 Downloads View citations (25)

1994

  1. Industrial policy and national welfare in the presence of monopoly
    Japan and the World Economy, 1994, 6, (1), 61-73 Downloads View citations (1)

1992

  1. Macroeconomic Dynamics in a Multi-country Economy: A Dynamic Optimization Approach
    International Economic Review, 1992, 33, (3), 629-44 Downloads View citations (31)
  2. Spill-over effects of supply-side changes in a two-country economy with capital accumulation
    Journal of International Economics, 1992, 33, (1-2), 127-146 Downloads View citations (18)
    See also Working Paper (1990)

1991

  1. ORDERLY MARKETING ARRANGEMENT IN THE CONTEXT OF THE GATT REGIME*
    Economics and Politics, 1991, 3, (2), 151-162 Downloads View citations (1)

1990

  1. Foreign penetration and national welfare under oligopoly
    Japan and the World Economy, 1990, 2, (2), 141-154 Downloads View citations (19)

1989

  1. Terms of Trade and Welfare: A General Analysis
    The Economic Record, 1989, 65, (1), 27-31 Downloads

1988

  1. Helping Minor Firms Reduces Welfare
    Economic Journal, 1988, 98, (393), 1199-1202 Downloads View citations (153)

1984

  1. International Operations and Controls over Foreign Ownership
    Economic Review, 1984, 35, (1), 22-30 Downloads
  2. Profitability of export restraint
    Journal of International Economics, 1984, 16, (3-4), 335-343 Downloads View citations (4)
  3. Tariffs vs. quotas under duopoly of heterogeneous goods
    Journal of International Economics, 1984, 17, (3-4), 359-373 Downloads View citations (11)

1982

  1. Tariffs, Quotas, and Market Structure
    The Quarterly Journal of Economics, 1982, 97, (2), 295-305 Downloads View citations (16)

Books

2007

  1. Trade and Industrial Policy under International Oligopoly
    Cambridge Books, Cambridge University Press View citations (1)
    Also in Cambridge Books, Cambridge University Press (2003) View citations (2)

Chapters

2010

  1. Trade Policy, Exchange Rate Adjustment and Unemployment
    Chapter 7 in Globalization and Economic Integration, 2010 Downloads

1994

  1. Tariffs, Quotas, and Inventory Adjustment
    A chapter in Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows, 1994, pp 273-293 Downloads
 
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